Putnam, CT › Foreclosure
Can I Sell My Putnam House Before Foreclosure?
Our agreement of sale will often get a law day extended or a foreclosure sale postponed so we can close. Signing alone doesn't change the date automatically; the request goes to the court with our agreement attached, and it works more often than people think.
Yes, selling may still be possible if the mortgage payoff and required title and court steps can be completed by the actual deadline. Connecticut mortgage foreclosures go through court. In strict foreclosure, the judge sets a law day; if the debt is not paid by then, title usually passes to the lender. A foreclosure by sale instead has a court-ordered auction. Which option fits depends on the stage shown in your court papers.
Call 888-274-5006We'll give you a written cash offer within 24 hours.
How we help before a Connecticut foreclosure deadline
We buy houses in Putnam and Windham County as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us. You can tell us the date and stage in the papers you received; we can review the property and the payoff information and put the terms in writing.
If you choose to move ahead, the written agreement can go with a request to the court to extend a law day or postpone a foreclosure sale. Signing the agreement alone does not change the date. Confirm the current deadline and any court order with the court, your attorney, or the title company.
Which sale is involved: mortgage foreclosure or tax sale?
Mortgage foreclosure
Connecticut uses judicial foreclosure. In strict foreclosure there is no auction: a judge sets the law day, and title usually passes to the lender if the debt is not paid by then. If the court orders foreclosure by sale, a court-appointed committee runs the auction and the court approves the sale. Before title passes, a judge may reopen the judgment and set a new law day for good cause. The court papers and current case record control the date.
Town tax sale
A notice from Putnam about unpaid real-estate taxes is a separate town tax-collection matter, not the lender's mortgage case. It has its own notice and date. Do not use a mortgage law day or assume a mortgage-case request changes a town tax-sale date; follow the town's notice and contact the Revenue Collector about the tax account.
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
Ask the lender for a current payoff statement. The mortgage balance, other liens, and any back taxes are separate closing items that need to be checked against the likely sale proceeds and the title records.
What happens next
- Call or send the form with the Putnam property address and the date or notice you are facing. We can discuss the situation with you.
- We give you a written offer and written terms before you commit.
- If you want to proceed, a title company reviews the property records, payoff, liens, and closing requirements while we work toward closing around the verified court deadline. When you sell to us, we pay the closing costs, including the Connecticut state and municipal real estate conveyance taxes. This does not pay your mortgage, liens, back taxes, or share of current property taxes; those amounts are separate and must be confirmed for the property.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
Putnam records and Connecticut foreclosure help
- For recorded Putnam property documents, use the Putnam Town Clerk's Land Records page. The court file controls a foreclosure case's dates and orders.
- For a real-estate tax notice, contact the Putnam Revenue Collector and follow the notice for its deadline.
- The Connecticut Judicial Branch Foreclosure Mediation Program may be available to owner-occupants of one- to four-family homes and can pause a case. Review the program's eligibility and speak with a Connecticut attorney or housing counselor about your case.
- The Judicial Branch Law Library foreclosure research guide explains Connecticut foreclosure procedures. Use your own court papers to confirm the sale or law-day date.
Questions about foreclosure in Putnam, CT
Can I sell a Putnam house before a Connecticut mortgage-foreclosure deadline?
Often, yes, if the loan can be paid off before the court's deadline. Our agreement of sale will often get a law day extended or a foreclosure sale postponed so we can close. Signing alone doesn't change the date automatically; the request goes to the court with our agreement attached, and it works more often than people think. Check the current date in your court papers and confirm any change with the court.
What is a law day in a Connecticut foreclosure?
In strict foreclosure there is no auction; the judge sets a law day. If the debt is not paid by then, title usually passes to the lender. Before title passes, a judge may reopen the judgment and set a new law day for good cause.
Is a Putnam tax sale the same as a mortgage foreclosure?
No. A notice about unpaid real-estate taxes is a town tax-collection matter, separate from a lender's mortgage-foreclosure case. It has its own notice and date; a mortgage law day or foreclosure-sale postponement does not change a town tax-sale date. Follow the town's notice and contact Putnam's Revenue Collector about the tax account.
What if my mortgage payoff is more than my Putnam house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before. Get a current payoff statement so the amount can be compared with the expected sale proceeds and other closing items.
Can Connecticut foreclosure mediation help me?
Owner-occupants of one- to four-family homes may qualify for the Connecticut Judicial Branch Foreclosure Mediation Program, which can pause the case. Check the program information and ask a Connecticut attorney or housing counselor how it applies to your case.
Talk with us about your Putnam house
Call 888-274-5006 or send the property address and tell us what date is on your notice.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Takes 2 minutes. No obligation.